Tesla's stock surrenders gains after earnings. Here's what to know.
Tesla’s earnings report came with puts and takes, but nothing “groundbreaking,” according to a Jefferies analyst.
While capital spending was relatively flat compared to the fourth quarter, Tesla will be ramping up its investments to achieve its new target of $25 billion in capital expenditures for the year.
» Read more about: Tesla's stock surrenders gains after earnings. Here's what to know. »
Read MoreTesla's stock spikes higher, but not enough to worry 'straddle' option sellers
That’s because before earnings were released, straddles — which act like an over-under bet on how much a stock will move in either direction after an event — were priced for a move of $21.29 after earnings, according to data provided by Matt Amberson, principal at Option Research & Technology Services.
Read More1 Rock‑Solid Dividend Stock I'd Happily Hold Through Any Market Crash
Investors have overcome their earlier fear about the Iran war and oil prices to push the S&P 500 (^GSPC +0.80%) up to new highs. However, the future always remains uncertain, and having a solid portfolio that includes safe stocks is crucial to weathering any kind of market storm,
» Read more about: 1 Rock‑Solid Dividend Stock I'd Happily Hold Through Any Market Crash »
Read MoreStock Market Today, April 23: Tesla Falls After Lifting 2026 Capex Guidance for AI and Robotics
Today’s Change
(0.73%) $2.74
Current Price
$376.46
Key Data Points
Market Cap
$1.4T
Day’s Range
$370.86 –
From Quadrangle Club to the Federal Reserve: Princetonians reflect on Jerome Powell ’75
Last May, Chair of the Federal Reserve Jerome Powell ’75 delivered the Baccalaureate address to the Class of 2025. Only a few months later, on Jan. 9, he was served grand jury subpoenas as part of a criminal investigation into cost overruns on the Federal Reserve’s Washington headquarters renovation project.
President Donald Trump accused Powell of lying to Congress about the predicted cost of the renovations,
Read MoreThe Burst
1 AI Stock To Avoid In 2024
The story and hype around artificial intelligence drove a whole wave of technology stocks higher in 2023. Some of the gains were well-deserved and others, like Broadcom, might have mushroomed to unsustainable levels for 2024.
We took a peek at the financials to see if the current valuation matches with the price and,
» Read more about: 1 AI Stock To Avoid In 2024 »
Read MoreThe Ivy
Can eBay Skyrocket by 33%?
As ever more customers are turning to online retail, global e-commerce revenue is projected to grow at an annual growth rate of 9.5%, reaching an astonishing volume of $6.48 trillion by 2029.
Among the most promising e-commerce firms now is arguably one of the original pioneers in the space, eBay. Here’s why.
» Read more about: Can eBay Skyrocket by 33%? »
Read More